ORCODA Limited (ASX:ODA) has released its Preliminary Final Report

Highlights

Delivered record total income and underlying EBITDA for the year ending 30 June 2023
Full year total income $20.7m, up 25% from last year
Full year Underlying EBITDA $2.0m, up 80% from last year
Positive cash flow from operations of $2.1m, up 96% from last year
Strong financial results attributable to underlying profitable growth from both the transport software and infrastructure contracting businesses
Healthy balance sheet with cash and cash equivalents of $4.4m and net assets of $15.9m as of 30 June 2023
Strong momentum into FY2024 with the award of several SaaS and infrastructure services contracts, and settlement of the Future Fleet acquisition